Canara Bank Dividend
Dividend criteria checks 4/6
Canara Bank is a dividend paying company with a current yield of 1.94% that is well covered by earnings.
Key information
1.9%
Dividend yield
19%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹80.83 |
| Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Canara Bank (NSE:CANBK) Is Paying Out A Larger Dividend Than Last Year
Jun 03
Canara Bank (NSE:CANBK) Is Paying Out A Larger Dividend Than Last Year
May 11Recent updates
If EPS Growth Is Important To You, Canara Bank (NSE:CANBK) Presents An Opportunity
Feb 05If EPS Growth Is Important To You, Canara Bank (NSE:CANBK) Presents An Opportunity
Oct 23Here's Why Canara Bank (NSE:CANBK) Has Caught The Eye Of Investors
Jul 08Canara Bank (NSE:CANBK) Is Paying Out A Larger Dividend Than Last Year
Jun 03Canara Bank (NSE:CANBK) Is Paying Out A Larger Dividend Than Last Year
May 11Does Canara Bank (NSE:CANBK) Deserve A Spot On Your Watchlist?
Feb 06Should You Be Adding Canara Bank (NSE:CANBK) To Your Watchlist Today?
Aug 23Here's Why I Think Canara Bank (NSE:CANBK) Might Deserve Your Attention Today
May 09How Much Of Canara Bank (NSE:CANBK) Do Institutions Own?
Feb 06Canara Bank's(NSE:CANBK) Share Price Is Down 67% Over The Past Three Years.
Dec 15What Kind Of Shareholders Hold The Majority In Canara Bank's (NSE:CANBK) Shares?
Oct 23Canara Bank's (NSE:CANBK) Stock Price Has Reduced70% In The Past Three Years
Aug 04
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CANBK's dividend payments have been volatile in the past 10 years.
Growing Dividend: CANBK's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Canara Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CANBK) | 1.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.0% |
| Analyst forecast in 3 Years (CANBK) | 3.2% |
Notable Dividend: CANBK's dividend (1.94%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: CANBK's dividend (1.94%) is in the top 25% of dividend payers in the Indian market (1.18%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.3%), CANBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CANBK's dividends in 3 years are forecast to be well covered by earnings (19.5% payout ratio).